18-01-2023 21:31 via coinjournal.net

Genesis could file for bankruptcy this week: report

Genesis Global Capital, a crypto lending platform owned by Digital Currency Group (DCG), is said to be considering filing for bankruptcy.
According to a Bloomberg report, Genesis is likely to file for bankruptcy this week.
Genesis paused customer withdrawals in November, with over $900 million owed to Gemini Earn customers alone.Troubled crypto lender Genesis Global Capital is reportedly looking to file for bankruptcy, according to the latest cryptocurrency news around the platform.
Genesis is
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